The computer’s common use as an essential business tool, and the tremendous and exponentially increasing storage capacity of computer generated or recorded information has transformed the landscape of information retention and destruction. Now record retention regulations are becoming increasingly important to follow, and follow correctly and consistently. Certain regulations in particular illustrate this need, including […]
Dumas Dennis
Posted inTechnology
Electronic Records Retention: Regulatory Overview
Below is a partial list of some of the key laws, regulations and standards that impact companies’ records-retention policies. Employment-Related Records Failure to maintain required employment records can turn baseless employee lawsuits against the company into litigation nightmares: Agencies and courts may choose to find, or instruct juries, that missing records should or may be […]
Posted inTechnology
Outline For Designing Records Retention Policies
Below is an outline that companies may want to consider when designing or reviewing records retention programs. Purpose of Program The primary goal of a records retention program is to effectively manage the information generated and received by the corporation and, thereby, reduce the expense and risk of liability associated with the maintenance of this […]